Market Overview:
The global interactive robots market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The increasing demand for robots in various industrial and commercial applications is driving the growth of the global interactive robots market. The growing demand for mobile and stationary robots across different regions is also propelling the growth of this market. The global interactive robots market by type is segmented into mobile Robots and stationary Robots. The mobile robot segment dominated the global interactive robot market in 2017, owing to its increasing demand in education and research applications, guidance and marketing applications, assistance applications, among others.
Product Definition:
Interactive robots are designed to interact with humans, typically through a screen or some other type of interface. They can be used for tasks such as providing customer service or assisting with simple tasks. Interactive robots can also be used for education, training, and research purposes.
Mobile Robots:
Mobile robots are autonomous mobile machines, which can be used for various applications such as material handling, packaging and inspection. The key driving factors responsible for the growth of this market include increasing demand in warehouse & storage facilities and rapid industrialization. Furthermore, growing automation in manufacturing industries is also expected to fuel market growth over the forecast period.
The global mobile robots market was valued at USD 678 million in 2015.
Stationary Robots:
Stationary robots are used in interactive robotics for various applications such as manipulation, inspection and testing, packaging and palletizing, assembly-disassembly operations. Stationary robots can be categorized into two types on the basis of their application areas namely fixed base and portable base. The fixed based stationary robot is used to perform tasks which are repetitive in nature such as packaging or labeling a product line.
Application Insights:
The marketing and communication application segment accounted for the largest revenue share of over 30.0% in 2017. The growth can be attributed to the increasing use of robots for product display, promotional activities, and public relations at trade shows and events. For instance, Pepper, developed by Softbank is used for marketing purposes as it converses with people and can express gratitude towards them. Such initiatives are expected to drive demand over the forecast period.
Assistance applications include security patrol; cleaning; moving objects; delivering objects from one place to another; helping elderly people or disabled people in their daily lives or assisting doctors during surgeries are some other applications that may soon be feasible with robotics technology integration in hospitals or homes.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to continue its dominance over the forecast period. This can be attributed to increasing investments in automation and emerging economies, such as China and India. Moreover, rising disposable income levels are anticipated to drive demand for these robots across various application areas including retail, logistics, healthcare & medical assistance among others.
North America accounted for significant revenue share in 2017 owing to high adoption rate of automation across various industries especially within U.S.
Growth Factors:
- Increasing demand for interactive robots from the retail sector to interact with customers and provide them with information about the products.
- Growing demand for service robots from the healthcare sector to assist in surgeries, rehabilitation, and elderly care.
- Increasing use of interactive robots in education sector to teach students new concepts and engage them in learning process.
- Rising adoption of collaborative robots by small and medium enterprises (SMEs) to automate their manufacturing processes at low cost.
Scope Of The Report
Report Attributes
Report Details
Report Title
Interactive Robots Market Research Report
By Type
Mobile Robots, Stationary Robots
By Application
Education and Research, Guidance and Marketing, Assistance, Others
By Companies
Softbank Robotics, Blue Frog Robotics, Vstone, Savioke, Pal Robotics, Ecovacs Robotics, Future Robotics, ASUS, Fellow Robots, AvatarMind, Softbank Robotics, Bossa Nova Robotics, Honda
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
198
Number of Tables & Figures
139
Customization Available
Yes, the report can be customized as per your need.
Global Interactive Robots Market Report Segments:
The global Interactive Robots market is segmented on the basis of:
Types
Mobile Robots, Stationary Robots
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Education and Research, Guidance and Marketing, Assistance, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Softbank Robotics
- Blue Frog Robotics
- Vstone
- Savioke
- Pal Robotics
- Ecovacs Robotics
- Future Robotics
- ASUS
- Fellow Robots
- AvatarMind
- Softbank Robotics
- Bossa Nova Robotics
- Honda
Highlights of The Interactive Robots Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Mobile Robots
- Stationary Robots
- By Application:
- Education and Research
- Guidance and Marketing
- Assistance
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Interactive Robots Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Interactive Robots is a company that manufactures and sells robots for industrial, educational, and research purposes.
Some of the key players operating in the interactive robots market are Softbank Robotics, Blue Frog Robotics, Vstone, Savioke, Pal Robotics, Ecovacs Robotics, Future Robotics, ASUS, Fellow Robots, AvatarMind, Softbank Robotics, Bossa Nova Robotics, Honda.
The interactive robots market is expected to register a CAGR of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Interactive Robots Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Interactive Robots Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Interactive Robots Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Interactive Robots Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Interactive Robots Market Size & Forecast, 2018-2028
4.5.1 Interactive Robots Market Size and Y-o-Y Growth
4.5.2 Interactive Robots Market Absolute $ Opportunity
Chapter 5 Global Interactive Robots Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Interactive Robots Market Size Forecast by Type
5.2.1 Mobile Robots
5.2.2 Stationary Robots
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Interactive Robots Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Interactive Robots Market Size Forecast by Applications
6.2.1 Education and Research
6.2.2 Guidance and Marketing
6.2.3 Assistance
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Interactive Robots Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Interactive Robots Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Interactive Robots Analysis and Forecast
9.1 Introduction
9.2 North America Interactive Robots Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Interactive Robots Market Size Forecast by Type
9.6.1 Mobile Robots
9.6.2 Stationary Robots
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Interactive Robots Market Size Forecast by Applications
9.10.1 Education and Research
9.10.2 Guidance and Marketing
9.10.3 Assistance
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Interactive Robots Analysis and Forecast
10.1 Introduction
10.2 Europe Interactive Robots Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Interactive Robots Market Size Forecast by Type
10.6.1 Mobile Robots
10.6.2 Stationary Robots
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Interactive Robots Market Size Forecast by Applications
10.10.1 Education and Research
10.10.2 Guidance and Marketing
10.10.3 Assistance
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Interactive Robots Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Interactive Robots Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Interactive Robots Market Size Forecast by Type
11.6.1 Mobile Robots
11.6.2 Stationary Robots
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Interactive Robots Market Size Forecast by Applications
11.10.1 Education and Research
11.10.2 Guidance and Marketing
11.10.3 Assistance
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Interactive Robots Analysis and Forecast
12.1 Introduction
12.2 Latin America Interactive Robots Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Interactive Robots Market Size Forecast by Type
12.6.1 Mobile Robots
12.6.2 Stationary Robots
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Interactive Robots Market Size Forecast by Applications
12.10.1 Education and Research
12.10.2 Guidance and Marketing
12.10.3 Assistance
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Interactive Robots Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Interactive Robots Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Interactive Robots Market Size Forecast by Type
13.6.1 Mobile Robots
13.6.2 Stationary Robots
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Interactive Robots Market Size Forecast by Applications
13.10.1 Education and Research
13.10.2 Guidance and Marketing
13.10.3 Assistance
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Interactive Robots Market: Competitive Dashboard
14.2 Global Interactive Robots Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Softbank Robotics
14.3.2 Blue Frog Robotics
14.3.3 Vstone
14.3.4 Savioke
14.3.5 Pal Robotics
14.3.6 Ecovacs Robotics
14.3.7 Future Robotics
14.3.8 ASUS
14.3.9 Fellow Robots
14.3.10 AvatarMind
14.3.11 Softbank Robotics
14.3.12 Bossa Nova Robotics
14.3.13 Honda
